The mortgage and foreclosure crisis

Story date: 2007-08-29 05:42:00
Added on: 2007-08-29 23:35:28

Boston Online - The mortgage crisis, which has made it extremely difficult to refinance delinquent mortgages or sell a home to exit a bad mortgage, won't help the worrisome foreclosure trend. The number of foreclosure auctions advertised in Massachusetts in July ...


Read more...

Related Stories:

• Foreclosure rates hit new highs

  Los Angeles Times - ... of all mortgages were delinquent and just over 2% were in foreclosure, the Mortgage ... Although...
  2008-03-05 03:59:00

• Freddie Mac to Restrict Delinquent Loan Purchases (Update1)

  Bloomberg - Dec. 10 (Bloomberg) -- Freddie Mac, the second-biggest U.S. mortgage-finance company, said it will limit the delinquent ... will buy...
  2007-12-10 05:10:00

• UPDATE 4-US banks to pause delinquent mortgage foreclosures

  Forbes - With home values stagnant or falling, a rising number of Americans are finding it difficult to refinance out of mortgages...
  2008-02-12 03:07:00

• New FHA program helps homeowners facing foreclosure

  KYTV - Typically, if a buyer has become delinquent, particularly in the last 12 months, it becomes difficult to refinance homes," said...
  2007-09-14 01:01:00

• Preventing foreclosure: R.I. group offers homebuyers’ help

  Quad Cities Onlines - They become delinquent in payments and try to refinance their mortgage, but most lenders will not offer them...
  2007-09-17 06:52:00

• Greater Lowell susceptible to home-foreclosure crisis

  Lowell Sun - Instead homeowners, were expected to either sell the home or refinance their mortgages after two years. The buyer's market...
  2007-12-04 08:52:00

• Michigan foreclosures rank 3rd

  Detroit Free Press - Nearly 6% of all mortgages were delinquent nationwide in the fourth quarter and foreclosure starts were at the...
  2008-03-06 11:19:00

• HUD Announces Foreclosure Prevention Workshop to Help More Michigan ...

  Forbes - Homeowners currently delinquent on their mortgages can participate in a seminar on their options for keeping their homes. A second...
  2007-11-14 09:08:00